$4,000,000 6 BD 8 BA

Property Description

A rare investment opportunity in the heart of one of the most sought-after neighborhoods in all of Washington, DC. Located on a gorgeous tree-lined street just steps to bustling 14th Street and U Street corridors, this offering comprises of two newly built attached properties that were developed as luxury condos in 20018. The current owner has operated both buildings as corporate and/or short term rentals. The buildings collectively are earning an Annual NOI (Net Operating Income) of $583,000. The Cap Rate is just over 12%. This assemblage is an ideal turn-key investment opportunity for a first-time or seasoned investor, and/or Landlord Occupant.

Property Features

  •  0.04
  •  N
  •  RESIDENTIAL
  •  Assessor
  •  6660.00
  •  Public Sewer
  • Exterior Features

  •  Combination
    • Attached Carport
    • Parking Lot
    • Off Street
    • Alley
  •  4
  •  Contemporary
  • Interior Features

  •  Central A/C
  •  Forced Air
  • School Information

    • DISTRICT OF COLUMBIA PUBLIC SCHOOLS
    Courtesy of Compass

    Schedule to See Homes

    Michelle Ranaudo

    2674553950
    RE/MAX Town & Country